I don't have time to give my analysis this morning, but I was actually quite impressed with the underlying financials. I think they performed better than any other lithium player in the market right now. You will note they are still generating free cash after you adjust for the merger costs.
Additionally, LTM have the luxury of expanding production from their low cost brines without significantly more capital x. LTM are in a very unique position in this regard.
Will be interested to hear yours and others analysis after reading.
I'm not sure if we are at the bottom yet, but some of the signs are starting to emerge. Markets usually bottom when you least expect it.
I don't have time to give my analysis this morning, but I was...
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Last
$4.07 |
Change
0.020(0.49%) |
Mkt cap ! $1.403B | |||
| Open | High | Low | Value | Volume |
| $4.17 | $4.18 | $3.99 | $13.06M | 3.210M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | $4.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.08 | 5364 | 2 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| LTM (ASX) Chart |